Is Mingus Mountain, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mingus Mountain was a Seller's Market.
Housing Prices in Mingus Mountain, AZ
How much do homes in Mingus Mountain, AZ cost?
Median Sold Price
$535,600
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mingus Mountain was $535,600 in April 2024, down 0.5% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $397K | N/A |
2 Bedrooms | $400K | $536.3K | +34.1% |
3 Bedrooms | $540K | $508K | -5.9% |
4 Bedrooms | $745K | $750K | +0.7% |
5+ Bedrooms | $587.5K | - | N/A |
Summary: Mingus Mountain housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes did not change.
Housing Supply in Mingus Mountain, AZ
How many homes are available in Mingus Mountain, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 50 | +13.6% |
Summary: The Mingus Mountain real estate market had 50 homes for sale in April 2024, a 13.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mingus Mountain housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Mingus Mountain in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Mingus Mountain, AZ
How long does it take to sell a home in Mingus Mountain, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
82 Days | 48 Days | -40.6% |
Summary: Homes in Mingus Mountain had an average of 48 days on market in Apr 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Mingus Mountain; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.